701 S Olive Avenue 503, West Palm Beach, FL 33401

$425,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,363 Status: Closed
Current Price: $425,000 List Date: 10/31/2019 Last Modified: 7/04/2026

Overview

Description

An amazing opportunity to own a beautiful 2 Bedroom, 2 Bath plus Den, luxury condo in the sought-after Two City Plaza building in the heart of downtown West Palm Beach. This exclusive residence offers southern views enabling you to enjoy the ocean sunrise to city sunset from your balcony. Expansive 14' ceilings, marble floors & fabulous natural light are a must see. New Washer and microwave. Amenities in this full-service building are endless; 24hr security, concierge, roof top pool, hot tub, sauna, steam room, outdoor kitchen w/ BBQ area, outdoor & indoor movie theaters, club room, lanai courtyard w/ water feature, fitness center, dog area, complimentary valet parking, & exceptional staff. Walk to restaurants, shopping, waterfront & Palm Beach!

Listing Details MLS# R10574130

General Property Information

Number Of Units In Community
467
Total Units In Building
467
Unit Floor #
5
Property Sub Type
Condominium
Bedrooms Total
2
Bathrooms Total
2
Bathrooms Full
2
Building Area Main
1363
Building Area Source
Public Records
Living Area Main
1324
Year Built
2008
Garage YN
Yes
Garage Spaces
Yes
Covered Spaces
Yes
Lot Size Area
75771
Lot Size Acres
1.74
Senior Community YN
No
Outdoor Living Spaces YN
Yes
Stories Total
21
Direction Faces
South
Pool Private YN
No
Furnished
Unfurnished

Property Features

Association Fee Includes: Cable TV; Common Areas; Common Real Estate Tax; Elevator; Hot Water; Insurance; Maintenance Grounds; Pest Control; Security; Trash; Water Dining Area: Dining/Living Room Electric: Three Phase Exterior Features: Built-in Barbecue; Outdoor Shower; Summer Kitchen Flooring: Carpet; Marble Parking Features: Assigned; Guest; Garage Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Electric Range; Free-Standing Freezer; Ice Maker; Microwave; Refrigerator; Washer Construction Materials: Block; CBS; Concrete Cooling: Central Individual Association Type: Homeowner Association Heating: Central Individual Interior Features: Bedroom Layout - Split; High Ceilings; Storage Laundry Features: Inside; Laundry Closet Listing Terms: Cash; Conventional Membership: No Membership Available Pets Allowed YN: Yes Pets Allowed: Pet Restrictions Possible; Number Limit Possession: Close Of Escrow Restrictions: Buyer Approval Required; Lease Restrictions Other Leasing Restrictions: Tenant Approval Road Frontage Type: East of US-1 Security Features: Fire Alarm; Fire Sprinkler System; Gated with Guard; Lobby - Attended; Security System Sewer: Public Sewer Special Information: Sold As-Is Sprinkler Description: Auto Sprinkler Tax Information: City/County Utilities: Cable Available; Sewer Available; Water Available Water Access: None Water Source: Public Water View: Intracoastal; Ocean Showing Requirements: 24 Hour Notice; Call Listing Agent; Occupied; Text Listing Agent Outdoor Living Spaces: Balcony; Patio Balcony Details: Balcony - Covered; Balcony - Open Patio Details: Patio - Covered Contingencies: None Room Types: Kitchen; Laundry; Living Room; Master Bedroom

Contract Information

Comp Sale YN
No
Original List Price
425000

Location and Legal

County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
701
Street Direction Prefix
S
Street Name
Olive
Street Suffix
Avenue
Unit Number
503
City Name
West Palm Beach
State Or Province
FL
Postal Code
33401
Postal Zip
33401
Subdivision Name
TWO CITY PLAZA CONDO
Development Name
Two City Plaza
Area
5420
Geographic Area
PB20
Special Assessment YN
No
Parcel Number
744343224100000503
Zoning
QGD-25
Directions
I-95 East on Okeechobee, North on Olive Ave, 2nd block on left, directly across from Hyatt Hotel. Complimentary valet parking available.
Multiple Offers Accepted
No

Financial Information

Association YN
Yes
Association Fee
762
Association Fee Frequency
Monthly
Association Membership
Mandatory
Application Required YN
Yes
Membership Fee Required YN
No
Tax Annual Amount
8182
Tax Year
2018
Tax Legal Description
TWO CITY PLAZA CONDO UNIT 503

Status Change Information

Major Change Timestamp
2019-10-31T19:23:24Z
Major Change Type
Status Change
Status Change Date
2019-10-31
Under Contract Date
2019-10-31
Close Date
2019-10-31
Close Price
425000
Buyer Financing
Conventional

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
100

Short Sale Details

Short Sale Addendum
No

Leasing Restrictions

Leasing - Max Times Per Year
2

Storm Protection

Impact Glass
Complete

Room Types

Kitchen Level
Main
Living Room Level
Main
Master Bedroom Level
Main

Price Calculations

Current Price To SqFt
320.99
Original List Price To Close Price
Yes

Originating Details

Originating System Key
20191031143130337935000000
Originating System ID
M00000170

Room Information

Room Name Length Width Level
Living Room 22.00 14.00 Main
Kitchen 10.00 10.00 Main
Master Bedroom 14.00 14.00 Main
Laundry
IDX
Listing Office: Douglas Elliman
Source MLS Verified
Last Updated: July - 04 - 2026
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